Gini Jony

NEW DELHI: Kishore Biyani's Pantaloon Retail (PRIL) is learnt to have operationally withdrawn from Gini & Jony, one of the first apparel brands that Mr Biyani invested in. According to sources, while PRIL would continue to have a financial arrangement with Gini & Jony, it's in the process of severing operational ties. While PRIL had invested in Gini & Jony, the idea behind the move was that the brand would drive business on its own. However, sources say, the two...

MUMBAI: Children's Place, the largest children's apparel retailer in the US, may partner Arvind for an India entry next year. The $2-billion retail chain's discussions with Sanjay Lalbhai spearheaded Arvind are fairly advanced as the brand looks to expand outside its core North American markets, people familiar with the matter said. Both companies would soon decide weather the partnership will involve an equity joint venture or a licensing and...

Children's wear company Gini & Jony Apparel Pvt Ltd plans to sign agreements with foreign players to sell its products overseas. According to a news paper report, the Mumbai-based company already exports its children's clothing line to the UAE and Saudi Arabia. The company plans to rope in distributors to market it under the Gini & Jony label. South Africa will perhaps be the first on its list, with Australia, Kuwait and Kenya to follow, the report said. Sixty per cent of G&J's business is...

NEW DELHI:Kidswear retail chain Gini & Jony has approached its bankers to restructure part of its debt after failing to stick to the repayment schedule, the company owner and managing director Prakash Lakhani said. The company has filed for corporate debt restructuring (CDR) with bankers including Punjab National Bank , State Bank of India , Bank of India and IDBI , Gini & Jony, Lakhani said. Corporate debt restructuring is a voluntary mechanism for troubled companies to...

MUMBAI: The Bombay High Court will hear the case between Mumbai based kids' apparel retailer Gini & Jony and its lenders including Barclays Bank PLC and Canbank Factors Ltd on August 7. The Kids apparel chain informed to the court that it is still in talk with its lenders to settle amicably the way it settled with Hong Kong and Shanghai Banking Corp. In the beginning of the month, the firm had settled its dues of around Rs 17 crore with HSBC . But state run...

MUMBAI: The Bombay High Court has adjourned the case between Mumbai based kids apparel retailer Gini & Jony and its lenders including Hong Kong and Shanghai Banking Corp and Barclays PLC will be heard on July 2o. Earlier, the firm had agreed to repay Rs. 17 crores dues to the Hongkong and Shanghai Banking Corp. and also declared that it is in talks with other lenders including Barclays PLC to repay the loans. But state run banks such as ...

MUMBAI: The Bombay High Court will hear the case between Mumbai based kids' apparel retailer Gini & Jony and its lenders including Barclays Bank PLC and Canbank Factors Ltd on August 7. The Kids apparel chain informed to the court that it is still in talk with its lenders to settle amicably the way it settled with Hong Kong and Shanghai Banking Corp. In the beginning of the month, the firm had settled its dues of around Rs 17 crore with HSBC . But state run...

MUMBAI: The Bombay High Court has adjourned the case between Mumbai based kids apparel retailer Gini & Jony and its lenders including Hong Kong and Shanghai Banking Corp and Barclays PLC will be heard on July 2o. Earlier, the firm had agreed to repay Rs. 17 crores dues to the Hongkong and Shanghai Banking Corp. and also declared that it is in talks with other lenders including Barclays PLC to repay the loans. But state run banks such as ...

MUMBAI: Children's clothes maker Gini & Jony plans to raise Rs 125 crore possibly through a public offer to fund its expansion plans. "We are looking at both an initial public offer and a strategic investor. If we don't get a strategic investor then we would go for an IPO," Gini & Jony Executive Director Ajay Agrawal told media. Gini & Jony plans to set up 100 Freedom Fashion Store, 200 stores selling international brands and 400...

NEW DELHI: Their relations may be roiled by corporate rivalry as huge as their persona, but that has not stopped Anil Ambani from enjoying an association, albeit indirectly, with elder sibling Mukesh's mega retail business. Kidswear firm Gini & Jony, an in-shop associate for Mukesh-led Reliance Retail, is virtually controlled by Anil Dhirubhai Ambani Group, which is the single largest shareholder in the company that is planning to go public through an IPO. ...

MUMBAI: Leading manufacturer-retailer Pantaloon Retail (India) Ltd has decided to form a joint venture with Gini & Jony Apparel Pvt Ltd for setting up a retail chain for kidswear. Pantaloon informed the Stock Exchanges that it would hold a 50 per cent stake in the joint venture company, which is to be set up under the Gini & Jony brand name. The board at its meeting held today also approved of purchasing 33 per cent stake each in Capital Foods Ltd and Capital...

It was a jump, but Spykar Lifestyle felt ready. This was April 2008 and the clothing company had tasted success. Emboldened with a private equity investment of Rs 40 crore and two new brands, it leased space for 35 new outlets. Each new store was about 2,500 sq ft in size—three to four times the 600-800 sq ft it had averaged till then. The company, which then had annual revenues of Rs 72 crore, was essentially saying it was confident of...

NEW DELHI:Kidswear retail chain Gini & Jony has approached its bankers to restructure part of its debt after failing to stick to the repayment schedule, the company owner and managing director Prakash Lakhani said. The company has filed for corporate debt restructuring (CDR) with bankers including Punjab National Bank , State Bank of India , Bank of India and IDBI , Gini & Jony, Lakhani said. Corporate debt restructuring is a voluntary...

NEW DELHI: Noida-based JDS Apparel , which runs large format store under 'Ritu Wears' brand, today said it plans to raise about Rs 100-crore through an initial public offer (IPO) by next year to fund its expansion. "We have formed a team within the company, which is scouting for merchant bankers. By October next year, we are hoping to get listed," JDS Apparels Joint Managing Director Sanjay Sahni told PTI. The company currently operates ten...

MUMBAI: Hardcastle Restaurants, the JV partner of McDonald's India, is now venturing into the apparels business. The company will be bringing in two Disney brands ? Disney Baby and Disney Jeans ? into the country, in partnership with the Jalan family, the promoters of Mumbai-based Prakash Cotton Mills. The apparel business will be handled through the JV company, Global Trendz Retail (GTR). GTR will set up 'Bungee' stores across the country that...

NEW DELHI: It looks like a perfect marriage between retail and animation. Anil Ambani-owned Adlabs has entered into an agreement with kids apparel brand Gini & Jony to co-produce a 3D animation film. The film's budget will be to the tune of Rs 8-12 crore. Sidhartha M Jain, head (animation division), Adlabs told ET, "We will be co-producing a 75-minute with the kids brand, Gini & Jony for theatrical release not only for India but overseas market too. " The film will be based on characters...

MUMBAI: Hardcastle Restaurants, the JV partner of McDonald's India is signing a JV with the Jalan family, promoters of the Mumbai-based Prakash Cotton Mills to launch Global Trendz Retail - the official licensee of Disney kids wear in India. Global Trendz Retail will set up 'Bungee' stores across the country that will house Disney Baby and Disney Jeans brands. Amit Jatia, MD, Hardcastle Restaurants was not available for comment. Officials said Global Trendz...